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falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. >> iran still, we're this close to nuclear -- think our unfunded labels are like 60 trillion or something. europe back in the crapper, but the refs. huh? >> i told you, i don't always like unions. i'm actually happy that the refs union won. >> it does provide a release from some of the travails and the worries of every day life. spoorts is sports is an escape. >> they said they will be back on the field tonight. >> i think the regular refs had a deal with the foot locker guy. >> did you see the story of the guy who actually made that call? he's a bank of america full-time banker. so you're a banker, a fill-in ref. the only way you could probably be less popu
violent. demonstrators clashing with police. protesters surrounding government buildings in madrid and calling for the disillusion of parliament. this comes just days before a new round of austerity measures are due to be announced in the 2013 budget that is due tomorrow. >>> in greece today, a 24-hour nationwide strike is kicking off. europe is not the only region in the world that's dealing with tension. in japan, japanese auto makers are cutting back production that they have for their plants in china. this decision is coming in the wake of the anti-japan protests. they close dealerships. anti-japanese sentiment in china escalated earlier this month after japan said that it would buy a group of disputed islands in the east china sea. protests across china, angry demonstrators vandalize properties of japanese companies. in the next hour, we'll be joined onset by two squawk masters who are ready to talk about all this chaos. neel kashkari and larry lindsey. let's get to the morning's other top stories. joe, i'll send it back to you. >> germany and its two closest allies in the eur
of the federal government. jp is cooperating with the government group and if this lawsuit works it may have some power and fuel. >> can i ask a cynical question? i looked through the lawsuit and looks like so much of the plaintiff lawsuits. >> sure does. >> plaintiff attorneys brought the exact same civil case. >> right. >> why do we think this is going to be a new model for anything? >> they say it's a model for the feds and the state attorneys general to work together. new york has this martin act that other attorneys generally in new york have used quite a bit in the past. >> to the extent that they bring more cases like this, civil cases, do you think this does anything to feed the public's lust for whatever you think, whatever you think president obama was trying to go for a year ago when he created this group in. >> if the public is lusting for ceos being perp walked over the financial crieses they're not going to get it with this and may not ever because they haven't been able to build the criminal cases, they're tough to make, if there was criminal conduct you have to get the lower execu
hollande said that the budget will be the toughest in 30 years. government needs to find about $39 billion of spending cuts or deshl resources to meet its 2013 deficit target. and fitch is lowering its 2012 growth forecasts both for china and india. citing deteriorating outlook of the global economy. so not a great way to start the morning. >> no, not great, but i like seeing what we did -- i saw ge and i was going to tell whoever thinks that we need to kiss up to them still -- >> minority partner. >> they are. but comcast would have been a better -- or we could have done both. and did i see something that it had first quarter, second quarter, third quarter? what do i need in the fourth quarter to get to the 30%? do we hahave that anymore? is that gone? no, they don't have it. >> i saw the dow, s&p and nasdaq. >> what did it add up to? adds up to like 15 or so. >> i just saw for this quarter. >> oh, it didn't show first quarter, second quarter -- >> no. >> there are corporate headlines. people started getting plaq blackberries? >> they beat expectations. >> they lost money, they beat expec
.s. government and have the same debate on that side. campaigns are about vision. campaigns are about putting forward the direction you want to take the country in and that's what it's about and if we're going to press in on the details let's press in on both of these guys. >> little' leave it there, terry and morris, appreciate it very much. >> thanks so much. >>> i'm going to do the tease. coming up, craig barrett joins us on set, we'll talk tech and he'll tell white house he's voting for come november and why. and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> when we return, we have more of this morning's top story, as we begin
by the federal government but you need accountability and measurement and you point out things that are accepted and all other circles, in business, are still controversial in education and the status quo continues to be protected and as you raise expectations you're going to get pushback. what happened in chicago, governor, did the good guys win there in terms of getting accountability or did the, once again did we have to sort of fold for this status quo? >> i think at the end of the day the only measurement that matters are whether kids, students in chicago are getting a year's worth of knowledge in a year's time and at the end, the expectations are high enough, the standards are real enough that they can live an independent life. so it's hard to tell whether this agreement will yield that. i think chicago has an adult centered system completely focused on the economic interests of the adults. the whole shift needs to be about how kids can gain the power of knowledge. we're losing social mobility now. if you live in poverty the chances are you'll stay in poverty and that's shameful for a coun
Search Results 0 to 5 of about 6